I don’t recall the stock price on the day of my original post - $105-110? But I specifically recall stating the price will soon start with a 9, and probably an 8 prior to Christmas. Closing price 12/24/18 - $89.89.
JP Morgan has a price target of $87 on UPS and has been summarily dismissed by UPS and everyone else. My guess - they will be more right than most in the short run.... maybe UPS BOD will wake from their stupor and fire those who have perpetrated this e-commerce disaster for the last 4 to 5 years.
Probably not. Pension’s are next on the chopping block!